Archive: toast
Startup Insider: Investing Lessons From the Toast IPO
By Early Investing on October 4, 2021
Toast — a provider of hardware and software to restaurants — went public a week and a half ago at a roughly $30 billion valuation. But unlike most billion-dollar startups, Toast wasn’t on venture capitalists’ radar from the beginning. In fact, Toast didn’t receive any venture funding until four years after it was founded. Toast’s success demonstrates a few important truths about startups. They don’t need venture…